San Mateo County Housing Market Trends – June 2023

Average Price: June 2023

Average Price: June 2023 vs June 2022 (YoY)

San Mateo County’s Housing Market Trends Year-over-Year % Change of June 2023 compared to June 2022.

* Single Family Homes Average sold price increased to $98,672 and overall, 4% Appreciation Year-over-Year.

* Townhome/CONDO’s Average sold price decreased to -$8,332 and overall, –1% Depreciation Year-over-Year.

Average Price: June 2023 vs May 2023 (MoM)

San Mateo County’s Housing Market Trends Month-over-Month % Change of June 2023 compared to May 2023.

* Single Family Homes Average sold price increased to $335,163 and overall, 15% Appreciation Month-over-Month.

* Townhome/CONDO’s Average sold price decreased to -$25,679 and overall, -2% Depreciation Month-over-Month.

Average Price: June 2023 vs January 2023 (Year to Date)

San Mateo County’s Housing Market Trends Year to Date % Change of June 2023 compared to January 2023.

* Single Family Homes Average sold price increased to $434,598 and overall, 20% Appreciation Year to Date.

* Townhome/CONDO’s Average sold price increased to $88,865 and overall, 9% Appreciation Year to Date.

Listings Activity: June 2023

NEW Listings Activity: June 2023 vs June 2022 (YoY)

San Mateo County’s Housing Market Trends Year-over-Year % Change of June 2023 compared to June 2022.

* Single Family Homes NEW Listings were down by -151 and overall, -27% change Year-over-Year.

* Townhome/CONDO’s NEW Listings were down by -57 and overall, -31% change Year-over-Year.

SOLD Homes Activity: June 2023 vs June 2022 (YoY)

San Mateo County’s Housing Market Trends Year-over-Year % Change of June 2023 compared to June 2022.

* Single Family Homes SOLD Homes were down by -5 and overall, -1% change Year-over-Year.

* Townhome/CONDO’s SOLD Homes were down by -15 and overall, -12% change Year-over-Year.

NEW Listings Activity: June 2023 vs. May 2023 (MoM)

San Mateo County’s Housing Market Trends Month-over-Month % Change of June 2023 compared to May 2023.

* Single Family Homes NEW Listings were down by -21 and overall, -5% change Month-over-Month.

* Townhome/CONDO’s NEW Listings were down by -5 and overall, -4% change Month-over-Month.

SOLD Homes Activity: June 2023 vs. May 2022 (MoM)

San Mateo County’s Housing Market Trends Month-over-Month % Change of June 2023 compared to May 2023.

* Single Family Homes SOLD Homes were up by 30 and overall, 9% change Month-over-Month.

* Townhome/CONDO’s SOLD Homes were up by 7 and overall, 7% change Month-over-Month.

NEW Listing Activity: June 2023 vs. January 2023 (Year to Date)

San Mateo County’s Housing Market Trends Year to Date % Change of June 2023 compared to January 2023.

* Single Family Homes NEW Listings were up by 181 and overall, 80% change Year to Date.

* Townhome/CONDO’s NEW Listings were up by 30 and overall, 31% change Year to Date.

SOLD Homes Activity: June 2023 vs. January 2023 (Year to Date)

San Mateo County’s Housing Market Trends Year to Date % Change of June 2023 compared to January 2023.

* Single Family Homes SOLD Homes were up by 210 and overall, 132% change Year to Date.

* Townhome/CONDO’s SOLD Homes were up by 67 and overall, 143% change Year to Date.

Resources: MLS Listings Inc

https://www.mlslistings.com/media-center/interactive-market-snapshots/

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Q1 2021    Q2 2021    Q3 2021      Q4 2021

Santa Clara County Housing Market Trends – Monthly

2023: January    February    March    April    May   June 

2022: January    February    March    April    May   June    July    August    September     October  November    December

2021: January    February    March    April    May   June    July    August    September    October    November    December

San Mateo County Housing Market Trends – Monthly

2023: January    February    March   April    May   June